Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX+0.117%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$320.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.117%, 7d avg +0.044%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.072% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.52780.0100pay 0.0100% / 8h5h 08m$49.8M$13.2M75x
ShortBitget XRPUSDT1.52960.0100get 0.0100% / 8h5h 08m$270.9M$350.0M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.117% → +0.044%
$7.23
Slippage, 4 orders
−$7.51
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$24.28
Costs to cover
0.315%
Break-even
never at this rate
Slippage from HTX: live order book, 4 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 4 min ago0.03 bp10.6 bp −$1112.8 bp −$12833.5 bp −$3,35298.9 bp −$49.5K
Sell Bitget live order book, 4 min ago0.33 bp6.5 bp −$78.0 bp −$8023.4 bp −$2,34033.5 bp −$16.7K

XRP on 50 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5395+0.764%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0063%1h1.5291+0.081%$13.8M$69.3M50xas long as short
dYdX XRP-USD0.0000%1h1.5299+0.135%$1.1M$154K10xas long as short
01 Exchange XRPUSD0.0000%1h1.5294+0.103%$9K$98710xas long as short
Phoenix XRP0.0000%1h1.5290+0.077%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5290+0.077%$7.6M$20.4M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5284+0.037%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.844%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5280+0.011%$17K$70K7xas long as short
Lighter XRP+0.0096%1h1.5301+0.152%$2.7M$14.2M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5304+0.169%$598K$3.2M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5303+0.161%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5285+0.045%$10K$410K20xas long as short
Nado XRP-PERP+0.0100%1h1.5278+0.002%$838K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5311+0.215%$296.7M$263.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5293+0.096%$38.9M$79.8M100xas long as short
Pacifica XRP+0.0100%1h1.5301+0.152%$588K$987K20xas long as short
Binance XRPUSDT+0.0100%8h1.5293+0.099%$531.8M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5292+0.090%$360.5M$861.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5292+0.090%$124.3M$822.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5267−0.073%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5298+0.130%$163K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5282+0.026%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5298+0.130%$376.9M$161.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5297+0.123%$310.3M$907.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5299+0.135%$104.8M$180.9M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.5296+0.117%$270.9M$350.0M125x
BingX XRP-USDT+0.0100%8h1.5296+0.117%$98.0Mas long as short
Variational Omni XRP+0.0100%8h1.5273−0.037%$4.9M$38.0Mas long as short
edgeX XRPUSDC+0.0100%4h1.5282+0.023%$664K$106.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5278−0.002%$1.1M$32.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5282+0.025%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5288+0.061%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5286+0.051%$52K$470K20xas long as short
Bullet XRP-USD+0.0100%1h1.5284+0.039%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5289+0.071%$83K$601K50xas long as short
SunX XRP-USDT+0.0100%8h1.5285+0.044%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5287+0.058%$33K$1.4M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5278long leg$49.8M$13.2M75x
Phemex XRPUSDT+0.0100%8h1.5290+0.077%$54.5M$33.1M50xas long as short
Extended XRP-USD+0.0104%1h1.5292+0.087%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5284+0.036%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5288+0.064%$5.4M$42.5M50xas long as short
Kalshi KXXRPPERP+0.0118%8h1.5292+0.090%$1.9M$35.4M2.9xas long as short
Backpack XRP_USDC_PERP+0.0147%1h1.5303+0.162%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5289+0.071%$23.7M$77.4M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5282+0.028%$1.4M$1K15xas long as short
RISEx XRP/USDC+0.0239%1h1.5290+0.075%$505K$723K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0241% / S −0.0459%1h1.5279+0.006%$883K200xas long as short
Aftermath Perps XRPUSD+0.0364%1h1.5290+0.076%$3K$13K10xas long as short